PROSPECTS AND OPPORTUNITIES
Wider coverage of modern retailers to intensify the pressure on small local grocers
The performance of small local grocers in the Czech Republic in the forecast period is projected to continue on a downward trajectory in both retail value (constant 2024 prices) sales and number of outlets. The ongoing widening of the geographical coverage of large chained modern grocery retailers is taking away custom from small local grocers.
Business alliances can help small local grocers stay afloat
Business cooperation and alliances can help small local grocers to remain competitive in the Czech Republic in the forecast period. The prevailing trends in terms of the shopping behaviour of Czech consumers are shifting in favour of chained modern grocery retailers.
24/7 shopping offers a competitive edge
24/7 shopping is on the rise in the Czech Republic. In this vein, an increasing number of small local grocers are adopting this model of business.
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Overview:
Understand the latest market trends and future growth opportunities for the Small Local Grocers industry in Czech Republic with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Small Local Grocers industry in Czech Republic, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Small Local Grocers in Czech Republic report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Small Local Grocers in Czech Republic?
- Which are the leading retailers in Small Local Grocers in Czech Republic?
- How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
- How has the impact of COVID-19 and national lockdown impacted consumer demand?
- Which formats have benefited the most from stockpiling and enforced home seclusion?
- How will the wider economic impact of COVID-19 shape the retail landscape in the future?
- Where is future growth expected to be most dynamic?
Small Local Grocers in the Czech Republic - Category analysis
KEY DATA FINDINGS
Large modern grocery retailers provide intense competition
Small local grocers struggle to remain viable
Taxation helps to shape performance
Wider coverage of modern retailers to intensify the pressure on small local grocers
Business alliances can help small local grocers stay afloat
24/7 shopping offers a competitive edge
Retail in the Czech Republic - Industry Overview
Retail in 2024: The big picture
Automation offers operating cost reductions
Private label and price promotions gain weight as consumers look for value for money
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Shopping Season Name
Christmas
Easter
DISCLAIMER
Small Local Grocers
Small local grocers are mostly independent retail outlets (with a selling space of under 400 square metres), kiosks, market stalls or street vendors, owned by families and/or run on an individual basis, and with a primary focus on selling food/beverages/tobacco and other groceries. Small local grocers also includes ethnic grocery stores that specialize in foreign brands and food types, health food stores, confectioners/newsagents/tobacconists (CTNs), food & drink souvenir stores, legally registered mobile shops that are run out of a truck, and regional specialty stores. Retail sales from farmers markets, farms, vineyards, or similar producers are also included in small local grocers. Outlets located within wet markets in Southeast Asia (often located in government-owned multi-story buildings) should be counted as separate outlets.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Small Local Grocers research and analysis database.
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